Access LME Steel HRC FOB China (STEEL-HR) prices easily using this API

Access LME Steel HRC FOB China (STEEL-HR) Prices Easily Using This API

In today's rapidly evolving digital landscape, the demand for real-time data and analytics in the metals market has never been greater. The LME Steel HRC FOB China (STEEL-HR) prices are crucial for traders, manufacturers, and investors who need to make informed decisions. This blog post delves into the significance of the STEEL-HR symbol, the markets it influences, and how the Metals-API empowers developers to access this vital information seamlessly.

Metals-API Information

About LME Steel HRC FOB China (STEEL-HR)

The LME Steel HRC FOB China price is a benchmark for steel prices globally, reflecting the dynamics of supply and demand in the Asian markets. As digital transformation sweeps through the metal markets, the integration of technological innovations and data analytics is reshaping how stakeholders interact with market data. The STEEL-HR symbol represents a pivotal point in this transformation, providing insights that can drive strategic decisions.

Technological advancements have enabled the collection and analysis of vast amounts of data, allowing for smarter technology integration in trading platforms. The future of the metals market is poised for further evolution, with trends indicating a shift towards more automated and data-driven decision-making processes. The Metals-API plays a crucial role in this landscape, offering real-time access to metals data, including the STEEL-HR prices.

API Description

The Metals-API is designed to provide developers with the tools necessary to build next-generation applications that leverage real-time metals data. This API is a powerful resource for accessing current and historical prices, enabling users to make informed decisions based on accurate and timely information.

With the Metals-API, developers can integrate various functionalities into their applications, such as retrieving the latest rates, historical data, and even converting between different metal prices. This flexibility allows for a wide range of applications, from trading platforms to analytical tools that can provide insights into market trends.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently. This is essential for traders who need the most current pricing information.
Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This feature is invaluable for analyzing trends over time and making predictions based on historical data.
Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies the process of calculating prices across different currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for detailed analysis of price movements over specific periods.
Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis, which is crucial for understanding market volatility.
Carat Endpoint: Get information about gold rates by carat, which is particularly useful for jewelers and investors in precious metals.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, helping traders identify price extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific time period, which is essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
API Key: Your unique API key is required for authentication and must be included in the API request to access the data.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API provides a comprehensive list of endpoints, each designed for specific functionalities, ensuring that developers have the tools they need.
Supported Symbols Endpoint: Access a constantly updated list of all available metal symbols, ensuring you have the most current information.
Gold Price India Endpoint: Retrieve the latest gold price in India, which is particularly relevant for investors in the Indian market.
News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their expected responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1750295120,
    "base": "USD",
    "date": "2025-06-19",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XZN": 0.344828
    },
    "unit": "per troy ounce"
}

This response indicates a successful request, providing the latest rates for various metals relative to USD.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1750208720,
    "base": "USD",
    "date": "2025-06-18",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides historical rates, which can be used for trend analysis and forecasting.

Time-Series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "base": "USD",
    "rates": {
        "2025-06-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-19": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint allows users to analyze price movements over a specified period, which is essential for making informed trading decisions.

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750295120,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response demonstrates how to convert a specified amount from USD to gold, providing both the conversion rate and the result.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        },
        "XAG": {
            "start_rate": 0.03825,
            "end_rate": 0.03815,
            "change": -0.0001,
            "change_pct": -0.26
        },
        "XPT": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

This endpoint provides insights into how metal prices have changed over a specified period, which is crucial for understanding market trends.

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1750295120,
    "base": "USD",
    "date": "2025-06-19",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        },
        "XAG": {
            "open": 0.03825,
            "high": 0.0383,
            "low": 0.0381,
            "close": 0.03815
        },
        "XPT": {
            "open": 0.000915,
            "high": 0.000918,
            "low": 0.00091,
            "close": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a comprehensive view of price movements throughout the day, which is essential for traders looking to make informed decisions based on market behavior.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1750295120,
    "base": "USD",
    "date": "2025-06-19",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        },
        "XPT": {
            "bid": 0.000911,
            "ask": 0.000913,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

This endpoint provides critical information about market liquidity, allowing traders to assess the current market conditions.

Conclusion

The LME Steel HRC FOB China (STEEL-HR) prices are integral to understanding the dynamics of the global steel market. With the Metals-API, developers have access to a powerful tool that allows for real-time data retrieval, historical analysis, and comprehensive insights into metal prices. By leveraging the various endpoints offered by the API, developers can create applications that provide significant value to traders, manufacturers, and investors alike.

As the metals market continues to evolve, the importance of accurate and timely data will only increase. The Metals-API stands at the forefront of this transformation, enabling users to harness the power of data analytics and smart technology integration. For more information on how to get started, visit the Metals-API Documentation and explore the extensive capabilities of this innovative API.

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Access LME Steel HRC FOB China (STEEL-HR) prices easily using this API